At 1.20pm Tata Steel shares were up 3.85% at Rs633.60 on BSE while Bhushan Steel shares rose 4.81% to Rs23.95

Revenue of the company jumped 16 percent to Rs 20817 crore against Rs 17917 crore. "We have also received CCI approval for this transaction", he said.

Koushik Chatterjee, executive director and chief financial officer, Tata Steel, said the possibility of delisting the stressed asset can not be ruled out.

Meanwhile, the Tata Steel management is looking to the hearing scheduled today (Thursday) at National Company Law Appellate Tribunal to see whether the NCLT orders is challenged.

Mr. Narendran said growth was broad-based across marketing segments and added Tata Steel Europe had a good quarter despite currency headwinds. "These are some of the smaller assets, some of them are spread out to multiple countries", said Chatterjee.

Tata Steel Ltd was helped to a quarterly profit of Rs 14,688 crore ($2.17 billion) by a one-off pensions gain, in contrast with an Rs 1,168 crore loss a year earlier.

The Indian steelmaker on Wednesday reported an exceptional gain of 113.76 billion rupees in the quarter to the end of March, which included a non-cash gain of 140.77 billion rupees relating to the restructuring of its British pension scheme.

Koushik Chatterjee, Executive Director and CFO, said FY18 has been a good year for the company and the group delivered a strong top and bottom line growth. The fall in production was due to technical snag led shutdown of a blast furnace at Kalinganagar plant.

The board of the company recommended a divided of Rs 10 per ordinary share of on face value of Rs 10 each and Rs 2.50 per partly paid ordinary share of Rs 10 each for the financial year 2017-18.

Recommended News

Back in November, Brian Armstrong, CEO and Co-Founder at Coinbase unveiled that they were working in this new platform. But Coinbase wants to satisfy institutions needs not only in high quality products but also in high quality services.

That changed in Spain, as the Ferrari drivers struggled to get the best out of the tyres and struggled with wear. Valtteri Bottas delivered probably his best qualifying lap of the season there in 2017.

It's said to be inspired by an experience of pop star Harry Styles, who's also one of the show's producers. The show is being produced by Emmy Award victor Dick Wolf and the team behind the "Law & Order" franchise.

The research was led by USA researchers with NOAA , with help from scientists in the Netherlands and the United Kingdom. This, in turn, will delay the ozone layer's recovery and, in the meantime, leave it more vulnerable to other threats.

To distinguish Walmart.com's premium shop, a "Premium Brands from Lord & Taylor" header will run across each premium brand page. Like many other United States department stores, Lord & Taylor is trying to cut physical costs while expanding online revenue.

The new CT law allows state officials "to regulate wagering on sporting events to the extent permitted by state and federal law". The measure "unequivocally dictates what a state legislature may and may not do", he wrote.

You can store emails for up to 90 days through Gmail offline , as well as queue up messages for when you next get a connection. This new mode will allow users to compose e-mails and do a number of tasks even when they aren't connected to the internet.

Fortnite is the other game that is driving a strong quarter. "Honour of Kings was a major contributor for mobile gaming revenue". The company announced that had seen growth in the double digits related to the number of daily active users for that game.

Now that the brain is primed to cut through the noise, you will probably be able to hear "The juice of lemons makes fine punch". And using what's called a speech banana, the audiologists say both sounds are very similar in frequency and volume.

Although now working on a debut solo album, Liam recently signalled that a long-awaited One Direction reunion is on the cards. The GMS Summer Concert Series kick stated at Central Park and that's where Liam Payne and J Balvin performed.

Romaine lettuce of all varieties from the Yuma, Arizona, region has been blamed as the source of this outbreak. The CDC has stopped advising consumers to throw away romaine lettuce if they can't confirm where it's from.

The announcement was met with an outpouring of support for both Ms Markle and her father on social media. He is also reported to have suffered a heart attack six days ago, but checked himself out of hospital.

Follow Us!

Join The Conversation

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.

Trending on beepk.com

News Chronicle

Voter registration deadline May 21
The group said it received some reports of voters receiving incorrect ballots and having their registration unexpectedly changed. Voters are casting ballots in races for governor, Congress, state senator, state representative and city and county positions.

Arsenal Ready To Gamble On Arteta As Wenger Replacement
It was revealed earlier this month that Wenger would be stepping down at the end of the season, after 22 years at the club. Now in charge of New York City, Vieira is said to be mystified over whether he has ever been under serious consideration.

Iran gasfield proves too hot to handle for Total
In announcing his withdrawal from the deal, Trump warned companies that they face sanctions if they do business with Iran. Joe Kaeser, the CEO of Germany's Siemens, told CNN his company would not be able to do any new business with Tehran.